Today I want to talk about Cardano because until September 6 I was staking 99% of my holding, leaving about 100 tokens unstaked so I could keep an eye on what the RMaaS models wanted to do. And am I glad I did.
The models started selling ADA on the 6th of September. so I unstaked all my coins and the models pulled out into USD the next day at an average price of $2.78.
I don’t have to tell anyone that holds ADA where it is right now. But in case you are not tracking its performance at the time I’m writing this blog it is trading between $1.98 and $2.15.
Personally, I’m very bullish on ADA and given the September milestone for the coin, if I had been making the decision myself I would have been betting on the market going up!
This is just an example how valuable RMaaS is for me. The model is not swayed by opinion or rumour. They observe market behaviour. They take stock of the stresses and volatility in the market and act accordingly. As of right now I am in a position to buy between 25% to 30% more Cardano than I was holding just 2 weeks ago.
Please note that as me writing this at 15:30 BST, the models are still resolutely FLAT so I’m not buying anything right now!Anyone who hung onto their position all the way down is now puzzling whether they should divest or continue holding the token as it bounces and then continues to fall?
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